Citigroup Sets $143,000 Bitcoin Base Case for 12 Months, $70,000 Support Level

Citigroup set a 12-month base case of $143,000 for Bitcoin on Dec. 20, 62% above $88,000, BlockBeats reports. The bank's joint report identified $70,000 as key support, citing ETF demand recovery. Scenarios range from $78,500 in a recession to $189,000 under stronger demand, according to the report.